Another world…
The whole concept is foreign, no pun intended.
In our industry, and — to be honest — most others in our country, the way to bigger bonuses and more perks is by firing employees, reducing expense.
The idea of Mel Karmazin or Lew Dickey or Bob Pittman taking a bus to an office without doors, even of flying commercial, in economy class, rather than on their private jet, is just ludicrous.
Am I wrong?
Do you have an example of any Radio CEO who takes a pay cut before he fires an employee?
Just one?
Anyone?